Qantas: International yield up, domestic yield down in Q1FY2020

    Qantas announced (24-Oct-2019) the following Group updates for Q1FY2020:

    • Group International Unit revenue increase 4.4% year-on-year due to a reduction in competitor capacity as well as benefits of network and fleet changes;
    • Group Domestic Unit Revenue decreased 0.9% due to mixed market conditions;
    • Qantas market share in corporate travel and business travel market share continued to increase, however demand remained flat.